CNBC Economy / Updates
- Bessent says there's a 'very good chance' U.S. budget deficit under Trump has peaked August 20, 2026Treasury Secretary Scott Bessent said Thursday that there's a "very good chance" of the U.S. has seen its budget deficit peak under President Donald Trump.
- Bessent says Treasury buyback operation could be more than $4 billion August 20, 2026Bessent said his department is going "make a market" in the longer-dated securities where yields have been surging lately.
- U.S. government debt passes $40 trillion, more than doubling in a decade August 19, 2026